PREDICTIVE DISCOVERY LIMITED — Investor Presentation 2021

Jul 26, 2021

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LARGE SCALE, HIGH GRADES AND GROWING FAST West Africa’s Most Exciting Gold Project

JULY 2021 ASX:PDI

Forward Looking Statements & Disclaimer

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This presentation contains only a brief overview of Predictive Discovery Ltd and its associated entities (“PDI or Predictive”) and their respective activities. The contents of this presentation, including matters relating to the geology of the projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any independent verification.

This presentation contains a number of forward-looking statements. Known and unknown risks and uncertainties, and factors outside of Predictive’s control, may cause the actual results, performance and achievements of PDI to differ materially from those expressed or implied in this presentation.

To the maximum extent permitted by law, PDI does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of PDI, and will not be responsible for any loss or damage arising from the use of the information. The information contained in this presentation is not a substitute for detailed investigation or analysis of any particular issue. Current and potential investors and shareholders should seek independent advice before making any investment decision in regard to Predictive or its activities.

Competent Person Statement

Mr Paul Roberts is a full-time employee of the company and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined by the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Roberts consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The Company has released all material information that relates to Exploration Results on a continuous basis to ASX and in compliance with JORC 2012. The Company confirms that it is not aware of any new information that materially affects the content of this release.

Investor Presentation | 2

Corporate Overview

TOP SHAREHOLDERS

ANALYST COVERAGE

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SHARES ON ISSUE 1,350m

CASH

MKT CAP

(A$0.16)

A$28m A$216m

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High-grade gold
zone recognised
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Board & Management

PAUL ROBERTS

BSc, MSc, FAIG

Managing Director

Paul is a geologist with 11 years experience working in West Africa and is associated with a number of discoveries including the Henty gold deposit in Tasmania, and the PDI Bankan discovery.

FRANCIS HARPER Non-Executive Chairman

Currently Chairman and major shareholder of Tietto (ASX: TIE) and founder and co-owner of Blackwood Capital, which has raised over $A1B for mining and industrial stocks since founding. He was formerly Chairman and major shareholder of West African Resources (ASX: WAF)

ANDREW PARDEY

Non-executive Director

Formerly CEO of LSE/TSX listed Centamin plc, the owner of the 450koz pa Sukari Mine. A geologist with extensive mine and development experience in North and West Africa. Currently Chairman of Tanga Resources Limited (ASX: TRL) and non-executive director of Marvel Gold Limited (ASX: MVL)

STEVEN MICHAEL

Non-executive Director

Steven has over 25 years’ experience in the global resources sector specialising in corporate finance and equity capital markets. Currently Non-Executive Director of Tanga Resources Limited (ASX: TRL)

BARRY MURPHY

B.A, Hons, Ph.D Chief Geologist

Barry is a structural geologist with 10+ years experience working in West Africa with experience in Australia, Sudan, DRC, South America, Indonesia and Europe. Barry played a major role in the regional targeting work that led to the Kaninko discovery.

AIME NGANARE

MSc, MBA

Principal Geologist

Aimé has over 18 years of experience in orogenic gold exploration in Central and West Africa, including his role as General Manager of the Geological Survey of the Central African Republic.

Investor Presentation | 3

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High-grade gold in
Guinea’s prolific Siguiri Basin
2 Exciting Gold Discoveries
NE Bankan
•
1.6km-long zone of shallow oxide gold mineralisation
•
Emerging high-grade core
•
Gold grades improving with deeper drilling
Bankan Creek
•
Located 3km to the west of NE Bankan
•
Good grade gold intersected from surface
•
Potential to materially contribute to the Mineral Resource Estimate
Tremendous Regional Potential
•
9 high priority regional gold drill targets identified from aeromag survey
•
Bankan remains underexplored with significant opportunity for further
greenfield gold discoveries.
•
Large regional land position with power auger drilling
returning shallow high-grade gold
Maiden Resource On-track
•
+80,000m of drilling completed
•
Maiden JORC-compliant Resource due late Q3 2021
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Investor Presentation | 4

Strengthening our relationship with the Bankan Communities Our Social Initiatives

Bankan Women’s Agricultural Program

• Improve the living conditions and empower the women of Bankan Village through development of a large market garden.

• Financial, technical and logistical support.

• Site identification, clearing, fencing, well construction, equipment, seed and fertiliser purchases.

Children’s School Program

• Donation of school supplies to five schools located within the Bankan Gold Project exploration permits.

• School supplies include books, learning materials and stationery.

Investor Presentation | 5

Bankan Project NE Bankan Prospect

BROAD WIDTHS & HIGH-GRADES

A Major Gold Discovery

• April 20: Discovery hole of 46m @ 6.6g/t with depth extension in fresh rock subsequently confirmed

• Over 32km of RC/DD/AC drilling completed

• Numerous broad intersections @ 1.52.5g/t surrounded by 0.5-1g/t Au halo, with high-grade core at depth

• Gold from surface expected to result in a modest strip ratio, driving robust mining economics

• High-grade core at depth delivers potential to expand resource below 300m vertical depth

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Bankan Project NE Bankan Prospect Section S1175100

EMERGING HIGH-GRADE CORE:

BNERD0088

• 49.7m @ 11.7g/t Au, incl. 17.0m @ 31.9g/t Au (incl. 7.0m @ 50.3g/t Au)

BNEDD087

• 55.6m @ 5.7g/t Au, incl. 40m @ 7.3g/t Au

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Investor Presentation | 8

Bankan Project NE Bankan Prospect

Section S1175020

OUTSTANDING GRADES AT DEPTH:

BNERD0007

• 14m @ 2.2g/t Au

• 19m @ 4.8g/t Au, incl. 6m @ 13.7g/t Au

• 8m @ 1.9g/t Au

BNEDD085

• 44m @ 8.0g/t Au incl. 17m @ 18.1g/t Au

BNEDD086

• 12m @ 6.7g/t Au incl. 17m @ 18.1g/t Au

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Investor Presentation | 9

Bankan Project NE Bankan Prospect Section S1174940

BNERC0040

• 65m @ 2.7g/t Au

BNERD0014

• 30m @ 2.8g/t Au

• 27m @ 0.8g/t Au

BNERD0068

• 5m @ 2.4g/t Au

• 18m @ 3.0g/t Au

• 23m @ 1.9g/t Au

BNERD0074

• 44m @ 2.0g/t Au

• 6m @ 2.7g/t Au (to EOH)

Investor Presentation | 10

Bankan Project Bankan Creek Prospect

SATELLITE DEPOSIT

• Gold mineralisation in fresh rock with some high grades, including at depth

• Known strike length approximately 300m with gold mineralised zone open to south and at depth

• Infill RC-DD drilling to help define resources in top 100-150m

• Only 3km from the NE Bankan Discovery

• Gold mineralisation from surface with excellent grades - potential for highly profitable satellite deposit to supplement NE Bankan

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Investor Presentation | 11

Bankan Project Bankan Creek Prospect

BROAD WIDTHS INCLUDING HIGH-GRADE GOLD:

BCKDD0008

• 15m @ 4.0g/t Au incl. 3m @ 12.6 g/t Au

BCKDD0009

• 58m @ 1.4g/t Au incl. 14m @ 2.1g/t Au and 6.4m @ 4.6g/t Au

Investor Presentation | 12

Bankan Project Bankan Creek Prospect

BCKDD0002

• 11m @ 6.6g/t Au incl. 5m @ 14.2g/t Au

• 15m @ 2.7g/t Au

BCKDD0016

• 12m @ 5.0g/t Au incl. 2m @ 24.1g/t Au

BCKRC0011

• 45m @ 2.0g/t Au

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Room to Grow 35km-long Gold Corridor Emerges

AEROMAG DELIVERS REGIONAL DRILL TARGETS

• 9 high priority regional gold drill targets identified from recently completed aeromagnetic survey, flown across the Bankan Project

• New targets are located on interpreted ENEWSW faults, crosscutting a newly recognised major 35km-long north-northwest structural corridor

• Structural corridor has potential to host numerous

• “NE Bankan-style” discoveries.

• Lithological and structural elements controlling gold mineralisation at NE Bankan have provided a new model for gold discovery

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Auger Drilling and Rock Sampling finds new gold mineralisation and high grades

AUGER DRILLING DELIVERS IMMEDIATE RESULTS

• 15,000m of regional power auger drilling now underway, with grids testing nine new targets designed to outline further gold auger footprints.

• Bankan on 358km[2] of ground – to date auger drilling has tested less than 10% of area.

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Investor Presentation | 15

Koundian Project

Strategically located along strike from the Managem Group’s 2Moz Tri-K gold deposits

• Power has returned shallow auger drilling high-

• grade gold along a corridor of interpreted NE orientated structures:

KDNAU0473

• 6m @ 32.0g/t Au from 4m (to EOH), incl.

• 4m @ 45.0g/t Au from 4m

KDNAU0406

• 6m @ 9.8g/t Au from 4m (to EOH)

KDNAU0546

• 6m @ 1.3g/t Au from 4m (to EOH)

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Bankan Project Timeline

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BANKAN-3 BANKAN-2 RC-DD: ONGOING GOLD DISCOVERY IN NEW HIGH-GRADE DEEP GOLD MINERALISATION AREAS + INFILL DRILLING + BASELINE/INTERNAL DEFINITION & OXIDE DRILLING TECHNICAL STUDIES (Ongoing) (Completed) Q1 Q2 Q3 Q4 H1 2020 2021 2022 HIGH-GRADE GOLD ZONE DISCOVERED METALLURGICAL BANKAN-1 RC-DD: RESOURCE UPDATES TESTWORK + MRE EXPLORATION STAGE (Completed) DELIVERY

Investor Presentation | 17

Exciting Exploration Q3 2021 Upside Development Widespread indications of Q3 2021 Current Pathway additional gold Metallurgical mineralisation within the Bankan Resource Testwork Drilling designed to wider Bankan Project. Drilling Complete deliver Maiden JORCAuger drilling & compliant Resource in aeromagnetic survey are Testing both September Quarter assisting in identifying and >80,000m of weathered & fresh better defining these drilling completed gold mineralisation targets Enormous valuation upside as Bankan advances and regional exploration continues Investor Presentation | 18

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Level 2, 33 Ord St, West Perth, Western Australia 6005

Phone | +61 8 92161020 Mob. | +61 402 857249 Email | paul.roberts@predictivediscovery.com

predictivediscovery.com ASX:PDI